The New Era of Business Digitization through the Implementation of 5G Technology in Romania

Abstract

The main objective of the present research is to identify the advantages and benefits that the use and implementation of 5G technology has on the development and evolution of the Romanian business environment. The study is based on a theoretical documentation regarding existing information in the field and a descriptive analysis of the evolution of the technology in Romania and worldwide. The research method chosen is a survey based on an opinion poll (questionnaire) to find out the availability of economic entities regarding the implementation of 5G technologies, the foreseen expectations and those realized by the business environment regarding the effects of 5G technologies on the economic activities and the benefits that 5G networks offer them. The analysis of the results of the questionnaire, through the correlations and contingency tables determined, allowed the validation of the research hypotheses, and the results show availability and interest for the implementation of 5G technology (over 69% agree with the 5G implementation over a period of up to 5 years), conditioned by the costs, the high degree of cyber security, and the competitive advantages it can generate. Competition, low productivity, and even external pressures are the main decisive factors in the implementation of 5G. Thus, it can be considered useful to extend the research by identifying possible viable solutions or alternatives, customized for the implementation of 5G technologies for economic entities from different sectors, as well as the analysis of the implementation costs and the potential economic benefits.